BUZZ-FTI Consulting falls on weak annual forecast

Shares of advisory firm FTI Consulting FCN.N down 8.45% at $174.10, their lowest since July 2023

Co expects FY25 rev. between $3.66 bln and $3.81 bln, below analysts' average estimate of $3.90 bln, according to data compiled by LSEG

Sees FY25 adj. profit between $7.80-$8.60 per share, below analysts' average estimate of $8.68 per share

FCN reports Q4 rev. of $894.9 mln, vs. est $913.6 mln

Q4 adj. profit $1.56 per share vs. est of $1.73 per share

Shares fell ~4.03% in 2024